Defined contribution provision provides a “grossly inadequate” income and is condemning future elderly to a life of poverty, research by a think tank reveals.
Research by Long Finance - written by BrightonRock head of research Con Keating (pictured) - suggested DC members need to pay 50% more over their working life to achieve the same retirement income as those...
Shadow chancellor John McDonnell has pledged to change the law so members’ pensions are protected during takeovers, if Labour is elected at the next general election.
The Pensions Regulator (TPR) needs a more preventative and flexible approach to protect the Pension Protection Fund (PPF), the Work and Pensions Committee (WPC) has been told.
The cost of defined benefit (DB) schemes sponsored by FTSE 100 companies could double from £7bn to £14bn per annum by 2019, according to JLT Employee Benefits.
Many trustees are wary about being seen to offer advice to members. John Stannard says they shouldn’t be.